Smartlink Network Systems Ltd. Company History and Annual Growth Details

YEAR EVENTS

1993 - The Company was incorporated on 31st March under the companies act, 1956 as Smart-Link Network Private Limited with original registered office at Goa for setting up a manufacturing unit, and renamed as D-Link (India) Private Limited on 29th March 1995 and became deemed Public Limited Company as D-Link (India) Ltd. with effect from 1st July 1998.

- It look almost one year to set-up the Factory and D-Link Corporation delegates on visting India were impressed enough to invest financially.

- Taiwan assured the Indan Promoter Mr. K.R. Naik that it will consider taking up a stake in the company only after satisfactory commissioning of the project as per it's straingent standards.

- D-Link (India) Ltd. has introduced a new category of products for the family and SOHO category.

- D-Link Infotech Ltd is a subsidiaries of the company.

2001 - The Company a subsidiary of D-Link Corporation of Taiwan, is entering the capital market with a public issue of 15,23,740 No. of equity shares of Rs 10 each.

-D-Link has unveiled the V.90 USB 56K modem with which one can fulfil the craving for extreme multimedia-intensive Web surfing.

2002

-Panaji High court approves for the amalgamation of Open Link Network (p) Ltd and D-Link India Ltd.

-Grants 23000 options to employees under D-Link ESOP Plan

-Board approves for the stock split of 1 equty share of Rs.10 each into shares of Rs. 2 each.

-Enters high-end market with the launch of 5 new products which gigabit copper structured cabling systems.

-Joins hands with Gigabyte Technology Ltd, Taiwan to develop, manufacture and market motherboards under the brand name of DigiLink-Gigabyte.

-Company's software and R&D centre moves to a new state of the art facility in Bangalore.

-Appoints M/s Links 4 Networks Limited as Distributor of the company for UK and Ireland.

-Starts Global tech support centre in Mumbai

-Sets up wireless LAN at RajBhavan to enable anywhere-anytime connectivity.

-D-Link India Ltd has informed that the Hon'ble High Court of Bombay has directed that an a Meeting of Equity Shareholders of the Company be convened on January 24, 2004 to take the approval of the shareholders for amalgamation of Virtual Computers Pvt Ltd (a 100% subsidiary) with the Company.

2004

-D-Link ties up with Foundry Networks

-D-Link (India) Limited has informed that the Company has invested a sum of Rs.35 Lakhs, i.e. 10% of the total paid up capital in Mercury Link Systems Limited.